When you are looking to sell a necklace, it is important to know how much it is worth. This is for the benefit of both yourself and the prospective buyer. When thinking of the best way to find out your necklace value, there are several ways to do it.
When should you get a necklace appraisal?
One way to determine your necklace value is by having it appraised by a professional appraiser. But you must have in mind that appraisals do not reflect the absolute value of your necklace. A jewelry appraisal assigns a dollar-value to the necklace, and is carried out for a specific purpose, like tax or insurance. That means that the value stated in the appraisal is only valid in that context. In consequence, you should only get your necklace appraised if the appraisal is relevant to a specific purpose. For example, if you want to have your necklace insured.
On the other hand, if you’re looking to buy or sell a diamond necklace, the best way to go is to have your diamond necklace graded by a gemologist or a gemological institute. A diamond grading is the thorough evaluation of the jewel’s stone and its attributes: carat, cut, color and clarity. The value of your necklace is closely related to the quality of its stones. Ultimately, a grading report is the most transparent, accurate and objective tool you need to determine how the market values your necklace.
That is why, as part of our process, we provide complimentary GIA grading reports. GIA is the world's top leading gemological lab. Evaluations at GIA are conducted with exacting precision, utilizing the best, most technologically advanced equipment and laboratory facilities. The diamond grading is conducted not as a way to assign a price to your jewelry, but as a means to ensure that you receive the best possible value.
What kind of necklace do you have?
Depending on what style necklace you have, it will be described and assessed differently. Necklace styles that we commonly see at Worthy:
These necklaces typically feature a single center stone. When submitting one of these styles for a necklace appraisal, we will ask for information on the center stone only and the corresponding precious metal if applicable.
With the more common multi-stone styles, we ask for a total number of gems and a total carat weight. This allows the necklace appraisal to go faster and smoother.
Whether it is gold, silver, or platinum we accept and are qualified to assess pre-owned precious metals. Worthy has an excellent BBB rating and holds a Secondhand Dealer's License issued by the New York City Department of Consumer Affairs.
No matter what kind of necklace you have, we will work hard to get you the highest market value. When you are ready to sell your necklace Worthy will take care of all the legwork from value estimate, to shipping, to evaluation, to sale transaction.
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Worthy Auctions: Where the Appraisal Really Happens
Worthy’s necklace evaluations are different from those carried out elsewhere. The evaluation process at Worthy does not end in a monetary estimation. Because each and every necklace we sell on behalf of our clients is unique, we have partnered with the world's top leading diamond grading laboratories, GIA & IGI to provide the most thorough evaluation possible. With Worthy, you can rest assured that the evaluation process will be based on the highest standards. Your necklace will be treated to a professional deep cleaning prior to being evaluated, and afterward, we will write a compelling selling description and take exquisite digital photographs which will be used to present your item to our international buyers’ network.
The auction is where your necklace is ultimately appraised. The value of your necklace is ultimately decided by a large network of professional jewelry buyers rather than a single professional’s opinion. Once a necklace is made accessible to the network of buyers, they can begin to place bids based on the image and description. This process ensures that you will get the highest fair market value, what your item is really worth in the context of the greater market.